7-Michael Chiang
Nope, we are not talking about the famous songwriter Michael Chiang; we are talking about the former billionaire who lost his money.
This Michael Chiang is the chairman of TPK Holdings, a supplier of touchscreens for mobile phones and tablets.
The company it’s the reason he got his billion but it’s also the reason why he lost it. It all went well until one day when the company’s shares lost more than 40% in the past year.
His company couldn’t get in front of the Apple, and it became the reason why the ex-farmer lost his billion.
From $1.55 billion in 2013, his net worth has dropped this year to $650 million.
